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Fly News Breaks for November 15, 2016
AJG
Nov 15, 2016 | 07:20 EDT
Goldman analyst Michael Nannizzi downgraded Arthur J. Gallagher to Sell and lowered its price target to $46 from $49. The analyst has a more cautious view on earnings growth given the eventual phase out of energy-related tax credits and slower top line growth and said shares are trading higher than its historical multiple.
News For AJG From the Last 2 Days
AJG
Apr 18, 2024 | 09:01 EDT
Arthur J. Gallagher acquired Metairie, Louisiana-based Fontenelle & Goodreau Insurance. Terms of the transaction were not disclosed. Fontenelle & Goodreau Insurance offers commercial property/casualty coverages specializing in large apartment accounts in the Louisiana market with capabilities nationwide. Charlie Fontenelle and his team will remain in their current location under the direction of Bumpy Triche, head of Gallagher's Southeast retail property/casualty brokerage operations.
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